Answer:
Give me and example
Step-by-step explanation:
Answer:
<em>The simple interest is $11,212.5 and the equation to determine Josh's simple interest is I = PRT/100</em>
Step-by-step explanation:
The formula for calculating simple interest is expressed as;
SI = Principal * rate * time/100
SI = 50,000 * 6.9*39/100*12
SI = 500*6.9*39/12
SI = 134,550/12
SI = 11,212.5
<em>Hence the simple interest is $11,212.5 and the equation to determine Josh's simple interest is I = PRT/100</em>
P is the amount borrowed
R is the interest rate
T is the time in years
Answer:
hello ! you multiply $36,500 by 7% and you get $25,550. add this amount to the original amount and you get $62,050.
So do
25x16=400
this shows how many raffle tickets were sold all together
Then do 400x$15 =$6000
So all together they raised $6000
I believe the answer would be D 92 and 88 hope it helped